Tag: bankruptcy
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Colorado Springs Container Store to close, company acquired by Bed Bath & Beyond
The Colorado Springs location of The Container Store, a specialty retailer that focuses on storage and organization products, is closing after roughly three and a half years. The company made the announcement on its website in March but offered no explanation for the closing. It did not respond to multiple requests for comment from The…
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Appeals court finds El Paso County magistrate erred in 2 cases
Colorado’s second-highest court last month concluded a former El Paso County magistrate did not follow the law or the rules governing magistrates when adjudicating two complex family disputes. The first case revolved around the guardianship of Martin Acosta, a developmentally disabled man in his mid-50s. His mother had been his legal guardian since 1997, but…
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Ohio-based furniture retailer closing its doors on Colorado Springs’ north side
American Freight, an Ohio-based furniture, appliance and mattress retailer, will close its year-old Colorado Springs store at the Chapel Hills Mall and three others in the state as part of a bankruptcy that will see all of its 328 locations shutter around the country, according to national news publications. The Springs store, at 1680 Briargate Blvd.,…
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Longtime Red Lobster closes in north Colorado Springs
A longtime Red Lobster restaurant at 4925 N. Academy Blvd. in northern Colorado Springs closed Monday, one of 23 locations that national news outlets reported were shuttered as part of the seafood chain’s Chapter 11 bankruptcy filing in May. Employees and vendors Tuesday were seen dismantling restaurant equipment and loading it into trucks parked next…
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Red Lobster targeted for closure on Colorado Springs’ north side
A longtime Red Lobster at 4925 N. Academy Blvd. in northern Colorado Springs could close under the restaurant chain’s latest bankruptcy plan, according to a CNN report Thursday. In addition, Red Lobster might shutter locations at 3301 S. College Ave. in Fort Collins, 2885 23rd Ave. in Greeley and 3306 N. Elizabeth St. in Pueblo.…
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One retailer’s closing will leave empty storefronts in Colorado Springs’ two enclosed malls
National retailer rue21, whose clothing and accessories targeted teens and young adults, is closing its stores at The Citadel and Chapel Hills malls in Colorado Springs as part of the chain’s bankruptcy filing and its decision to shut its more than 500 locations. The malls, which are owned by New York-based Namdar Realty Group, have…
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Montreal’s ‘Just for Laughs’ comedy festival cancels this year’s edition, seeks to avoid bankruptcy
The Montreal company that operates the “Just for Laughs” comedy festival has canceled this year’s event as it seeks to avoid bankruptcy
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Puerto Rico’s power company holds a massive debt. A key hearing to restructure it has started
A key hearing over the future of Puerto Rico’s crumbling power company and its staggering $9 billion debt has begun following years of acrimonious talks between the U.S. territory’s government and creditors seeking to recover their investments